Tag: data theft

VTech to Pay FTC $650k Over Kids Privacy Violations in Connected-Toy Hack

Two years after it was cited for security and privacy violations in its connected toys, VTech Electronics Ltd. has been fined by the U.S. government for violations of a federal law protecting children’s online privacy.

The Moral of Sony: Ignoring Cyber Risk Can Be Fatal

  Mark Anderson over at IEEE Spectrum has a nice article today on “How Not To Be Sony Pictures.” His argument: corporations can no longer afford to be cavalier about cyber security. Accordingly: they need to do much more than simply spot threats. “Any organization that thinks cybersecurity is as simple as installing and regularly updating their anti-virus software risks similar nightmare scenarios as what Sony Pictures now stares down.”  – Mark Anderson, IEEE Spectrum. Anderson notes this blog post, by Fengmin Gong, the chief strategy officer and co-founder of Cyphort Security. Gong argues that the sheer scale and complexity of connected devices requires a new attitude towards protecting critical data and assets. “The new approach today that people have shifts away from prevention — which everyone knows is not achievable — to a focus on attack sequence and consequence,” Gong writes. What does that mean? Gong and Anderson are […]